Texas Entrepreneur Secures Financing to Buy Pizza Inn Franchise
Need money to invest in a Pizza Inn franchise? Amer Business Lending Inc. has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Pizza Inn franchise may simply require a phone call to a local SBA banker. In 2004, Amer Business Lending Inc. issued an SBA franchise loan to an entrepreneur in Duncanville, Texas. Because Pizza Inn was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.
SBA Loan Borrower
PIZZA INN OF DUNCANVILLE
DUNCANVILLE, TX 75116
SBA Loan Lender
AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
7/27/2004
Loan Approval Gross Amount
$331,000
Loan Approval from the SBA
Of the total $331,000 loan amount, the SBA guaranteed $248,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Pizza Inn franchise. At the time of the loan, the company
had 25 employees. This SBA loan request indicated that the loan would help retain 25 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Pizza Inn, Inc.
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Getting an SBA Loan in Texas